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Topic: How to make money by stablecoin (Read 428 times)

sr. member
Activity: 742
Merit: 251
November 20, 2019, 11:09:19 AM
#73
If you stick some stablecoin funds in NEXO, they give you 8% INTEREST APR and they pay the interest in your NEXO account daily. This is very good if you have some Tether or other stablecoins they accept on their platform just sitting there doing nothing. Say for example you have 10k USDT sitting, you can upload to NEXO in your account and earn 800 USDT interest. Does any bank give you that kind of return? I think it is a veyr good rate of return and passive style of incoem for anyone with extra stablecoins.
I must say, the rates are highly impressive. The interest returned is actually a big number. Well, no bank is that kind and generous but then again, banks are systems that do not need to make their way in this world. Stablecoins are concept. They need to work hard to get into the market. For luring investors, such high interest values are more than enough. To be very honest, there is nothing wrong with holding them either. Good opportunities should be availed.
hero member
Activity: 1036
Merit: 504
November 19, 2019, 11:08:19 AM
#72
If you stick some stablecoin funds in NEXO, they give you 8% INTEREST APR and they pay the interest in your NEXO account daily. This is very good if you have some Tether or other stablecoins they accept on their platform just sitting there doing nothing. Say for example you have 10k USDT sitting, you can upload to NEXO in your account and earn 800 USDT interest. Does any bank give you that kind of return? I think it is a veyr good rate of return and passive style of incoem for anyone with extra stablecoins.
hero member
Activity: 2282
Merit: 505
November 19, 2019, 11:03:15 AM
#71
Some platforms offer support for stub price of stablecoin by other assets, for example platinum, gold, diamonds. Often, on these platforms  is charged for storing your stablecoin with  small annual percent.
Is it staking?
If it is, it is the only way to make money out of stablecoins.
Unlike in ordinary cryptocurrency which we can use to trade for short or long term trading to make a profit due to its volatility.
It just like get interest from your stable coin. I know some platforms and one of them is DAI which used stable coin as a loan and the lenders will get the interest from their stable coin.
It's very small but that's the only way to make money from the stable coin. That's so easy to understand about that.
sr. member
Activity: 966
Merit: 254
November 19, 2019, 10:00:04 AM
#70
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance


Put yourself in a situation where you bought $1,000 worth of USDT. That's 1,000 USDT. Now start using your brain. Does owning and holding 1,000 USDT gives you profit in order to increase your $1,000 worth of investment?

In order to gain profit you obviously need to trade or invest using your 1,000 USDT. It's like asking if you can catch a fish without going fishing. May Oden grant you op with common sense.    

Common sense is hard to find in this day and age.
Stablecoins have a (on average) guaranteed value loss of 2-3% or much more in case of hyperinflation.
Bitcoin has a coin emission halving every 4 years, supply of newly mined coins cut in halve.


It is the problem of Fiat money. If you understand why there is an inflation you wil realize that it has a sense, but the problem is when you do not understand it and you you save whole life and then you find out that you have almost nothing.
Cryptocurrencies were created to be an alternative to this banking system and we can choose democratically, whether we use it or not.
legendary
Activity: 3052
Merit: 1188
November 19, 2019, 09:48:15 AM
#69
People talk about how they would actually lose money by holding stablecoin and how investors can't make money with stablecoins but they are forgetting about the trading chances the stablecoins create. Sure you can't make money by "holding" stablecoins, that is not possible but if you have 1000 usdt and buy bitcoin at 7k then sell it at 10k and get usdt and then buy it again at $8k you have used stablecoins to make money.

If you can do it with fiat directly and have an exchange that allows you to buy and sell crypto with fiat directly then you don't need stablecoins for sure but places (specially exchanges with ton of altcoins) can't really allow you to do fiat trades directly which is why they have options of stablecoins where you can use them instead of fiat.
sr. member
Activity: 1246
Merit: 285
November 18, 2019, 05:00:51 PM
#68
Although stablecoin aren't might for investment opportunity to gain return on investment, you can still profit (to use your exact words, 'make money from them') on rare occasion like when the value of the stablecoin falls below it's stable form ($1). This is a very risky investment decision so you should applied caution as the possibilities of loosing all your funds is very high if the stablecoin doesn't recover.

Some stablecoin (most especially USDT) experience down times when the value of the stablecoin decrease due to fud cause by manipulation or foul practices. You can gamble on the possibilities of it returning to it's stable form (which it usually does) and buy the stablecoins. It have happened on numerous occasions that the price of USDT falls below $1 and returns back to $1 or rises few cents above $1. To profit from stablecoins in this situation, you'll need large capital because it wasn't created as an investment vehicle instead as a store of value to minimize losses in bear market conditions.
Yes, because basically Stablecoin is not devoted to investment. But with other utilities such as fast transactions with low costs, it can also be used in trading strategies and safeguarding assets when the market is not conducive, etc. If we only use Stablecoin without other sales strategies, it is not investing but saving because there will be no significant change in value.
hero member
Activity: 1470
Merit: 509
November 18, 2019, 03:55:51 PM
#67
You can make profit with stablecoins depending on which pair you trade with. It does not make sense to hold or earn with other tactics. Instead trading with the USD itself would be more profitable.
You can try to trade stable coins, for example when 1 Tether goes below 1USD there is very big chance that price will come back to this level again.
The price can usually change 0.01%, so millions of dollars are needed to make a profit from this kind of trade. This can only be a waste of time.
full member
Activity: 924
Merit: 106
homt.net
November 18, 2019, 01:44:19 PM
#66
You can try to trade stable coins, for example when 1 Tether goes below 1USD there is very big chance that price will come back to this level again.
Or you can give your stablecoins to a NEXO platform and they will give you up to 8% interest per year.
legendary
Activity: 2492
Merit: 1018
November 18, 2019, 01:37:35 PM
#65


You can make money with stable coins by trading in BTC/USDT. This is not rocket science anymore, if you have been in the bitcoin market all there is is the pair BTC/USDT, look at here https://coinmarketcap.com/currencies/bitcoin/markets/

This is because the fluctuation is to be monetized thru the use of stablecoins by trading. Buy BTC  ith USDT in low price and then sell BTC when price is high, if your USDT increases that means profit.
copper member
Activity: 336
Merit: 3
Cryptoknowmics - World's First Decentralized Media
November 18, 2019, 01:24:26 PM
#64
First of all, they are making money on commission fees, for each transaction, you are paying a certain fee which go straight to them. Secondly, a lot of stable coins are not completely backed by fiat money, so they are releasing tokens and buying crypto.
legendary
Activity: 1568
Merit: 1002
November 18, 2019, 10:38:26 AM
#63
at least price movements will always happen even though it is a stable coin, so making money from stable coins is actually almost impossible because profits and slow movements are what make you difficult. so in this case a stable coin will only be appropriate if it is adopted as a means of payment and those who are mining to make profit from this coin
sr. member
Activity: 1022
Merit: 277
★Bitvest.io★ Play Plinko or Invest!
November 18, 2019, 06:57:12 AM
#62
Some platforms offer support for stub price of stablecoin by other assets, for example platinum, gold, diamonds. Often, on these platforms  is charged for storing your stablecoin with  small annual percent.
Is it staking?
If it is, it is the only way to make money out of stablecoins.
Unlike in ordinary cryptocurrency which we can use to trade for short or long term trading to make a profit due to its volatility.
full member
Activity: 1022
Merit: 106
November 18, 2019, 06:01:44 AM
#61
Some platforms offer support for stub price of stablecoin by other assets, for example platinum, gold, diamonds. Often, on these platforms  is charged for storing your stablecoin with  small annual percent.
full member
Activity: 1330
Merit: 147
November 18, 2019, 05:30:29 AM
#60
If you think that stable coin is an investment place then you're wrong about it. It is like money fiat, when you store in any safe place then in a few years a head the value of them will be same. Its function just store your money safely ( as a of store value) and it is different with cryptocurrency which is have a high volatility price.

But there is a function of it for crypto user, you can use it as trading pair when you are trading. I also recommend to use it when you trade, at least it will safe your money when the crash is coming. Other than that, you can use it as a sending money tool especially for sending money to different countries. You can cut a shipping cost compared when you use WU or etc because its fees is really high.
sr. member
Activity: 1638
Merit: 261
November 18, 2019, 04:20:04 AM
#59
Stable coins are not like regular crypto wherein the value fluctuates often and I don't think there are much earning opportunities through stable coins as it used to pair while trading and covert our crypto asset during trading or validly situation wherein we don't want our asset to be affected by dump or bearish market and that's the way stable coins benefits the user and when it comes to Dai I am not sure how beneficial it can be as it shares interest with users but I have not used it I use tether stable coin for converting my assets. Stable coins are not created for the purpose of investment by users.
member
Activity: 476
Merit: 22
November 18, 2019, 03:51:21 AM
#58
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

You can't make money of stable coin, the only thing stable coin is good for is trading, retaining the price of token by changing to stable coin and when token loses value you can buy back which will gove you higher quantity due to price drop
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
November 18, 2019, 03:20:32 AM
#57
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance


Put yourself in a situation where you bought $1,000 worth of USDT. That's 1,000 USDT. Now start using your brain. Does owning and holding 1,000 USDT gives you profit in order to increase your $1,000 worth of investment?

In order to gain profit you obviously need to trade or invest using your 1,000 USDT. It's like asking if you can catch a fish without going fishing. May Oden grant you op with common sense.    

Common sense is hard to find in this day and age.
Stablecoins have a (on average) guaranteed value loss of 2-3% or much more in case of hyperinflation.
Bitcoin has a coin emission halving every 4 years, supply of newly mined coins cut in halve.

member
Activity: 746
Merit: 10
https://axiomapay.com/
November 18, 2019, 03:10:10 AM
#56
Well, this is the same as trading altcoin/btc so that stablecoin can profit?
It's similar but not same, why? Because we can say that we "invest" in an altcoin and cross our fingers so it can go to "the moon."

If we put our money in a stablecoin, it's called saving. The only way you can get a profit from a stablecoin is by putting it in some kind of investment plan, such as DeFi, exchanges, casinos, etc.

yes, I agree with the man above. that using stable coins is the same as saving money in crypto as a savings goal. different story if you save for profit then like btc, eth or other top coins, like the points I said before

https://bitcointalksearch.org/topic/m.53108192

but in this case, I'm not saying if a stable coin will not be profitable for investment.
jr. member
Activity: 448
Merit: 2
November 18, 2019, 02:55:51 AM
#55
Basically we know stablecoins does not add in vallue but one can make profit in trading them across with bitcoin or other pairs with altcoins. Apart from this, I can't think of any other way to make money with a stable coin
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
November 18, 2019, 02:45:21 AM
#54
Well, this is the same as trading altcoin/btc so that stablecoin can profit?
It's similar but not same, why? Because we can say that we "invest" in an altcoin and cross our fingers so it can go to "the moon."

If we put our money in a stablecoin, it's called saving. The only way you can get a profit from a stablecoin is by putting it in some kind of investment plan, such as DeFi, exchanges, casinos, etc.
hero member
Activity: 1302
Merit: 577
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November 18, 2019, 02:04:34 AM
#53
Stablecoins aren't meant to be profitable and are generally used for trading and hedging against market volatility, however, some new currencies do incentivize users like Coinbase's USDC which offers 1.25% interest yearly but make sure you choose a trusted custodian for your assets
The only option is use that stable coin every time you will earn from other altcoin or bitcoin. This means that every time you trade and see a profit you need to convert it mmediately into a stable coin and then rebuy back when the price goes down.
hero member
Activity: 1862
Merit: 574
Leading Crypto Sports Betting & Casino Platform
November 18, 2019, 01:38:00 AM
#52
I don't think Stablecoin can benefit quickly, a number of reasons have been explained. maybe if it is used for long-term investment it might be profitable but I don't think it will benefit much. stablecoin is more suitable for storing funds owned
hero member
Activity: 1344
Merit: 502
November 18, 2019, 01:32:49 AM
#51
Stablecoins aren't meant to be profitable and are generally used for trading and hedging against market volatility, however, some new currencies do incentivize users like Coinbase's USDC which offers 1.25% interest yearly but make sure you choose a trusted custodian for your assets
legendary
Activity: 2940
Merit: 1169
November 18, 2019, 12:23:47 AM
#50
Stablecoins are just a tool for trading. You will not earn money by investing in stablecoins. I use stable coins so as not to withdraw money in fiat.
Of course stablecoins are mainly trading tools but lately the DeFi market has been developing very actively.
With this market you can get passive income from stablecoins even without trading.
For example, DAI stablecoin at the moment gives ~ 6% per annum.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
November 18, 2019, 12:13:14 AM
#49
Stablecoins are just a tool for trading. You will not earn money by investing in stablecoins. I use stable coins so as not to withdraw money in fiat.
You already said the keyword, it is a 'tool'. So you can convert your fiat money or physical money into stable coins where you can use it as a tool to buy cryptocurrency in the internet to do trading. You can easily buy low and sell high with the different big exchanges that can multiply your capital and help you to build your wealth.
Yeah right , there's alway a good way to earn from this market though stable coin can produce profits but a tool to take advantage of those market
movement. If you know how to take advantage and you are willing to take the risk pairing your coin to anything that have potentials.

Take time to understand the market, stable coin indeed is a good tool if you go further.
hero member
Activity: 1386
Merit: 503
November 18, 2019, 12:03:27 AM
#48
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

The way to get profit on stablecoin is that you must have a lot of capital to be able to get the profit. it is indeed difficult, but what is played here is not the price of the stablecoin but the pairs of stablecoin/crypto (usdt/btc, usdt/eth), a little capital will be hard to get a profit. If I see transactions order history on Poloniex and Bittrex, many people trade in that way, so trading on stablecoin can still be profitable. most of them use trading bots to make it easier to get profits
sr. member
Activity: 742
Merit: 329
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November 17, 2019, 11:19:49 PM
#47
Stablecoins are just a tool for trading. You will not earn money by investing in stablecoins. I use stable coins so as not to withdraw money in fiat.
You already said the keyword, it is a 'tool'. So you can convert your fiat money or physical money into stable coins where you can use it as a tool to buy cryptocurrency in the internet to do trading. You can easily buy low and sell high with the different big exchanges that can multiply your capital and help you to build your wealth.
sr. member
Activity: 1031
Merit: 251
bullsvsbears.io
November 17, 2019, 11:16:18 PM
#46
In order to reap profit from a stablecoin, you need to trade. If you are only holding or hoarding USDT (for example), you are not investing but saving. Savings in the form of USDT might not be a good idea since you are not receiving interest, well except you put it in some form of investment providers (casinos, exchanges, etc.).

If you decide to trade, you can profit from it just from trading BTC/USDT pair back and forth. For example:

- Buy 1 BTC at 8,500 USDT
- Sell 1 BTC at 10,000 USDT
- Rebuy 1.11 BTC at 9,000 USDT
- Sell 1.11 BTC at 10,000 USDT

Your profit would be ~11,111 - 8,500 = ~2,611 USDT
Well, this is the same as trading altcoin/btc so that stablecoin can profit?

Many in this thread say stablecoin cannot profit us, I disagree.
copper member
Activity: 714
Merit: 5
November 17, 2019, 10:38:22 PM
#45
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

Nếu bạn đang đề cập đến cách các nhà phát hành stablecoin kiếm doanh thu, tôi có một vài ý tưởng.
- Thu phí bán hàng và mua hàng: Các tổ chức phát hành stablecoin thu phí bán hàng và mua để đổi lấy tài sản thế chấp như tiền tệ fiat.
- Tạo thị trường: Stablecoin có thể được sử dụng để tạo thị trường trên các sàn giao dịch, thu lợi nhuận từ chênh lệch giá.
- Cho vay ngắn hạn: Cho vay ngắn hạn là một mô hình kinh doanh có lợi nhuận lớn, các nhà phát hành stablecoin được hỗ trợ bởi các loại tiền tệ truyền thống có thể tham gia vào nhiều trường hợp cho vay ngắn hạn.
sr. member
Activity: 860
Merit: 253
SmartFi - EARN, LEND & TRADE
November 17, 2019, 01:03:44 PM
#44
Stablecoins are just a tool for trading. You will not earn money by investing in stablecoins. I use stable coins so as not to withdraw money in fiat.
sr. member
Activity: 784
Merit: 251
November 17, 2019, 12:49:17 PM
#43
Stable coins are created to help traders or investors, to facilitate exchange transactions and secure assets when the trend (bear) comes. but tends to traders like BTC/USDT. This stable coin is very helpful for traders. USDT is like fiat money like you currently hold, but it is based on a blockchain. the benefit of using stable coins like tether is fast transactions anywhere, rather than using a slow bank. maybe you can make a fortune with stable coins if you play at a price of $0.95 - $1.01 but that doesn't make sense. Stockpile assets in stable coins that means you only save and not investment.

that I know generates profit from stable coins, which are:
1. Trading (like BTC/USDT),
2. Gambling,
3. Investing in a project using stable coins,
4. Making their own exchanges (or third parties to help someone make a deposit / withdrawal with some fees).
sr. member
Activity: 1036
Merit: 275
November 17, 2019, 10:47:55 AM
#42
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance


Why will you waste your time investing in a stable coin? As the name suggests, it has no specific tendency to increase its market value. Stablecoins are just a means of storing your funds with no risk of losing the value of your funds.  Stable coins are just pairing crypto coins to volatile crypto coins on exchange platforms to ensure some equilibrium and also help in knowing the rate at which the value of the other coins changes. Don't waste your time investing in stable coins. It is stable........   Undecided Undecided Undecided
copper member
Activity: 840
Merit: 114
November 17, 2019, 10:39:33 AM
#41
USDT is good for storing the value of money we have in daily trading. I even save 40% of my assets in USDT which I use to trade every day. if you think you will benefit from investing in USDT then you are very wrong, it will only happen if the USDT exchange rate rises against fiat in your country. and in the crypto market, none of that will be a problem.
sr. member
Activity: 700
Merit: 250
November 17, 2019, 10:28:26 AM
#40
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

You can't make money merely by holding stable coins, unless you trade on stable coin pairs. For instance, if you are good with technical analysis and follow the market trend properly, you should know the right time to convert your Bitcoin to say USDT and when to convert back to BTC. That way, you can take advantage of the volatility of bitcoin and that's what I've been doing for sometime now although you can't win always.
In crypto platform stable coins are never make money and it will useful to survive on long term environment. Because USDT is the huge volume stable coin so it will occupy the top position and still some stable altcoins are available in the market and we never make profit anymore.
sr. member
Activity: 952
Merit: 267
Vave.com - Crypto Casino
November 17, 2019, 09:25:31 AM
#39
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

You can't make money merely by holding stable coins, unless you trade on stable coin pairs. For instance, if you are good with technical analysis and follow the market trend properly, you should know the right time to convert your Bitcoin to say USDT and when to convert back to BTC. That way, you can take advantage of the volatility of bitcoin and that's what I've been doing for sometime now although you can't win always.
sr. member
Activity: 644
Merit: 253
November 17, 2019, 09:15:52 AM
#38
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

Stable coins are not profitable at all, that is why it is called a stable coin because it doesn't make any movement to it's price. if you really wanted to invest in coin that are profitable you should invest your money in bitcoin and top altcoins such as ETH, BNB, BNB, LTC, XRP, XMR and etc. because they have a good value and will definitely give you a profit if their prices starts to increased.

Stablecoin are created to protect our fund in terms of vulnerability of the market, wherein we can safekeep our fund by converting to stable coin so that we will not in doubt or worry if we don't know, or we are unsure how much dip a certain coins/tokens could be. So, for traders this is really important for them to avoid a lot of losses or to avoid panic.
sr. member
Activity: 910
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
November 17, 2019, 08:44:50 AM
#37
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

Stable coins are not profitable at all, that is why it is called a stable coin because it doesn't make any movement to it's price. if you really wanted to invest in coin that are profitable you should invest your money in bitcoin and top altcoins such as ETH, BNB, BNB, LTC, XRP, XMR and etc. because they have a good value and will definitely give you a profit if their prices starts to increased.
sr. member
Activity: 400
Merit: 268
November 17, 2019, 08:17:53 AM
#36
You could lend stablecoins in several platform, Moreover just like you trade bitcoin, you don't buy bitcoin with bitcoin or sell bitcoin to get bitcoin, people usually trade it with stablecoin so saying you trade bitcoin is also like saying you are trading stablecoin if that is the pair you prefer to trade with, it LAL depends on perspective, but lending has been around for.a long time now and is a good way to earn residual income with your stablecoin.
full member
Activity: 412
Merit: 101
November 17, 2019, 07:27:51 AM
#35
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

With stablecoin, we can make money by so many ways like :
1. Staking : Some stablecoin can stake for earning their token. ( but i dont remember which project, so sorry about that)
2. Futures trading : We can make money by trading futures contract like Bitcoin on the top 1 exchange in the world - Binance. I saw many people earn from 1-2M$ monthly just by trading it.
3. OTC trading : We can trade from fiat to that stablecoin to earn
sr. member
Activity: 1274
Merit: 293
November 17, 2019, 07:16:56 AM
#34
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance


They are not directly trading it. Stable coins are just storage whenever a sudden changes may happen. Like for example that bitcoin or other altcoins are in the road of increasing stable coins or fiats on the other hand would get exchange to crypto to be able to get involve in those increasement, and then after that if nothing happens and knowing the fact that crypto currencies always changing that it might suddenly fall then what you have exchanged would get returned back into stable coins so that it won't get affected by when price decreases like means you are lock in.
full member
Activity: 1498
Merit: 146
November 17, 2019, 07:03:15 AM
#33
People uses stable coins as their trading pair,so they can trade against USD value and can get profits so from stable coins you can't make profits, only through trading you can make some.

Holding a stable coins is actually non profitable and it loses value in long term.
full member
Activity: 770
Merit: 100
Oikos.cash | Decentralized Finance on Tron
November 17, 2019, 07:02:48 AM
#32
it is very simple. investors are earning due to volatility. Bitcoin has grown - more stable coins were bought for Bitcoin, and that we are waiting for a correction - then Bitcoin fell in price, Bitcoin was bought, and so on.
copper member
Activity: 83
Merit: 7
November 17, 2019, 06:57:44 AM
#31
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

Stablecoin price is almost stable but sometimes cents different because of supply. Their main work is price must be stable by holding and releasing coin. Users and investors can make profits by changing stablecoin when bear market.
legendary
Activity: 2940
Merit: 1169
November 17, 2019, 06:23:30 AM
#30
You can make money on stablecoins by means lending.
For example with USDT could get 10% per annum on BitFinex or 6% on Crypto.com.
sr. member
Activity: 1610
Merit: 301
*STOP NOWHERE*
November 17, 2019, 06:00:56 AM
#29
Price of stable coin varies few cents above n below 1 USD, so you can make profit by buying below 1 USD. Secondly, as already mentioned in this thread. Stable coin are used to buy n sell BTC
legendary
Activity: 1316
Merit: 1145
November 17, 2019, 05:23:04 AM
#28
no, it's not 100% stable. stable coins still have price movements even though they are very small. and from this movement investors benefit. for example an investor buys 100k USDT at 0.99 $, then prices go up at 1 $. then the investor has got a gross profit of 1000 $. they prefer stable coins to place their funds, because the movement will not be more than 5% and it is very safe to maintain the value of their assets.
sr. member
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November 17, 2019, 05:21:44 AM
#27
As for me, the prices will go better when more investors would get attracted to it. They aren't profitable because of their stability but we could always have an assurance of a good profit in time especially when the price of these stable coins gets better. I would always prefer stable coins because I believe that they already built a strong foundation.
sr. member
Activity: 2016
Merit: 283
November 17, 2019, 05:08:44 AM
#26
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

actually we cannot make profits in stable coin because it's stable like literally. Lol anyways for your information moslty traders used stable coin only when trading with crypto currency because with stable coin their profits is totally safe. Wherein very secured from the volatility of the market. That's is the only reason only indeed ,  because trading with crypto to crypto is very skeptical.  I mean there is always a dump especially if the growth rate of the coin is so volatile. So it's useless much better to trade with stable coin ,
full member
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November 17, 2019, 04:44:48 AM
#25
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance


In my opinion stable coin are only used to make transactions and save our money to make the value not go down, so stable coin will never be used for investment, because we will never make a profit from investing in stable coin.
hero member
Activity: 1358
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November 17, 2019, 04:31:03 AM
#24
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

Perhaps it is possible to make a profit with stable coins, but the amount becomes very small. Stabilcoins are not the way you think they are. They are used to keep the investment stable by paying fewer fees on the volatile market. Otherwise, it is not worth dealing with a stable coin when there are so many volatile coins on the market.
sr. member
Activity: 1092
Merit: 284
November 17, 2019, 04:17:04 AM
#23
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

You could not make money in stable coins because they are not profitable like bitcoin and other altcoins. Stable coins are only good for making online transactions just like fiat and storing your funds when we are in the middle of the bearish market, that is why if you want to make a profit you should invest your money in bitcoin.

When the market is down, investors have more stable coins than other coins, and I think there is no benefit in storing stable coins. It's just that your funds are safe will not decrease even though the market is on the verge of deterioration, I also often keep coins stable when is not allowing the market.
sr. member
Activity: 630
Merit: 265
November 17, 2019, 03:59:13 AM
#22
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

You could not make money in stable coins because they are not profitable like bitcoin and other altcoins. Stable coins are only good for making online transactions just like fiat and storing your funds when we are in the middle of the bearish market, that is why if you want to make a profit you should invest your money in bitcoin.
sr. member
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November 17, 2019, 03:57:43 AM
#21
The stablecoin is not used to take advantage of some kind of trading. They are made to replace a stable currency in order to be used to transact without our funds diminishing or increasing.
So they are made more to the grip temporarily if there is an altcoin season storm or a downtrend season going on.
sr. member
Activity: 1344
Merit: 253
November 17, 2019, 02:19:49 AM
#20
Stable coins are very useful when the market is bearish, by storing them on stable coins, then we can wait for an area to buy coins that we think are prospective for the future. when entering the area of ​​purchase that we want, then we can buy with the same capital and get more coins

sr. member
Activity: 868
Merit: 252
November 17, 2019, 02:16:04 AM
#19
You mean like this?

Do you think that it's a good profit for an investor? You need a thousand dollars to earn 10$ out of your investment. It rarely happens so I don't think that you can make a good profit with that.
just hoping from the actual usd conditions, there is no room for small capital except to trade it as a crypto pair, the main function of Stablecoin as a way to keep prices from the rapid movement of crypto prices. Some others also offer guaranteed asset ownership if there is a problem, because dev's focus as a third party, there are no other options such as staking, because it really fulfills a stable element.
legendary
Activity: 1288
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November 17, 2019, 02:10:24 AM
#18
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

Tether,USDC etc.. make money off interest from their reserves, If they'd earn just 1% that's a lot when the amount of money is in billions, They also charge fees for withdrawing to bank account.
Users only benefit from fast availability of USD for trading, But there are alternatives like DAI which give interest to users.
sr. member
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November 17, 2019, 02:02:26 AM
#17
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance


Put yourself in a situation where you bought $1,000 worth of USDT. That's 1,000 USDT. Now start using your brain. Does owning and holding 1,000 USDT gives you profit in order to increase your $1,000 worth of investment?

In order to gain profit you obviously need to trade or invest using your 1,000 USDT. It's like asking if you can catch a fish without going fishing. May Oden grant you op with common sense.    
Sometimes cryto become big mess.see, sometimes dai become 0.95 and same day they also become 1$
In trade there are any way that make profit in there 0.05 ..??

You mean like this?

Do you think that it's a good profit for an investor? You need a thousand dollars to earn 10$ out of your investment. It rarely happens so I don't think that you can make a good profit with that.
sr. member
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Merit: 250
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November 17, 2019, 02:00:40 AM
#16
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

Stable coin isnt a coin to make more money by buying it, stable coin just for save your money "value"
it is very usefull when bearish market happens, so you can convert to stable coin instead of others crypto to save money value

You can make money with stable coins only 2 way.

1) If you live in a country other than the US and the USD is increasing against your country's currency. ( I think all reliable stablecoins are based on USD)
2) Trading with stablecoins quickly and easily. ( With FIAT, you should also pay attention to the drawbacks of depositing and withdrawing funds into your bank accounts.)
This way treats stable coin like FIAT, making profit by trading forex
if you wanna trading forex, youre better do it in broker not stable coin
sr. member
Activity: 1568
Merit: 321
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November 17, 2019, 01:51:15 AM
#15
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance



You can make money with stable coins only 2 way.

1) If you live in a country other than the US and the USD is increasing against your country's currency. ( I think all reliable stablecoins are based on USD)
2) Trading with stablecoins quickly and easily. ( With FIAT, you should also pay attention to the drawbacks of depositing and withdrawing funds into your bank accounts.)
jr. member
Activity: 980
Merit: 1
November 17, 2019, 01:45:59 AM
#14
And what kind of stable coin? And then you write everything abstractly. And I don’t understand what a coin always costs at the same price. I thought there wasn’t such a thing in the crypto world.
sr. member
Activity: 1932
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Vave.com - Crypto Casino
November 17, 2019, 01:41:13 AM
#13
And most of the stablecoins are issued for ease of use in specific platforms, exchanges issues stablecoins to make it's users be able to trade with lower fees to fiat equivalent coins. They would also increase the number of user base and would increase the volume of the exchange. The success of the coin would also be a good advertisement for the exchange.
jr. member
Activity: 63
Merit: 3
November 17, 2019, 01:35:10 AM
#12
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance


Put yourself in a situation where you bought $1,000 worth of USDT. That's 1,000 USDT. Now start using your brain. Does owning and holding 1,000 USDT gives you profit in order to increase your $1,000 worth of investment?

In order to gain profit you obviously need to trade or invest using your 1,000 USDT. It's like asking if you can catch a fish without going fishing. May Oden grant you op with common sense.     
Sometimes cryto become big mess.see, sometimes dai become 0.95 and same day they also become 1$
In trade there are any way that make profit in there 0.05 ..??
sr. member
Activity: 1442
Merit: 265
November 16, 2019, 05:47:25 PM
#11
With increasing competition in the stablecoins and many new coming up almost every month there will be new methods to make money with them as well as i ws reading that a new stablecoin is offering staking or holding reward to investors if they purchase their coin and hold it longterm. In future i think more and more marketing and incentivizing campaigns can be launched by stablecoins to attract users to use them.
hero member
Activity: 3080
Merit: 603
November 16, 2019, 04:34:31 PM
#10
I have believed it before that you can earn with stable coins thru waiting for the centavo increase of it. And then sell it if its above $1 but in the long run I've seen that it's not that good. The main way of earning thru stable coins has been explained well by enrico.
sr. member
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November 16, 2019, 07:41:32 AM
#9
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance


Put yourself in a situation where you bought $1,000 worth of USDT. That's 1,000 USDT. Now start using your brain. Does owning and holding 1,000 USDT gives you profit in order to increase your $1,000 worth of investment?

In order to gain profit you obviously need to trade or invest using your 1,000 USDT. It's like asking if you can catch a fish without going fishing. May Oden grant you op with common sense.     
full member
Activity: 1820
Merit: 107
November 16, 2019, 07:28:22 AM
#8
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance

Stablecoin was also fluctuate but its just minimal compare to cryptocurrency that's why you can still trade it with other stablecoin, and have some profit. But mostly stablecoin like USDT tether is use to convert cryptocurrency to maintained its value overtime, other uses was just a base pair like (BTC to USDollar) trading since it was relatively posses the same value as US dollar or (fiat) and there is a profit out of it.
copper member
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Slots Enthusiast & Expert
November 16, 2019, 07:26:15 AM
#7
In order to reap profit from a stablecoin, you need to trade. If you are only holding or hoarding USDT (for example), you are not investing but saving. Savings in the form of USDT might not be a good idea since you are not receiving interest, well except you put it in some form of investment providers (casinos, exchanges, etc.).

If you decide to trade, you can profit from it just from trading BTC/USDT pair back and forth. For example:

- Buy 1 BTC at 8,500 USDT
- Sell 1 BTC at 10,000 USDT
- Rebuy 1.11 BTC at 9,000 USDT
- Sell 1.11 BTC at 10,000 USDT

Your profit would be ~11,111 - 8,500 = ~2,611 USDT
hero member
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November 16, 2019, 07:03:16 AM
#6
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Stablecoins are mostly used by traders to secure the value of their cryptocurrency which means no one is actually holding it for a long time though there is a way to profit from it easily, if you bought stablecoin when the price is below $1 because the value will eventually push back to $1. Take for example the history of Tether (USDT) based on coinmarketcap, the price changes from $0.91 - $1.08 but the value always come back to $1.
legendary
Activity: 2408
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eXch.cx - Automatic crypto Swap Exchange.
November 16, 2019, 06:09:54 AM
#5
Although stablecoin aren't might for investment opportunity to gain return on investment, you can still profit (to use your exact words, 'make money from them') on rare occasion like when the value of the stablecoin falls below it's stable form ($1). This is a very risky investment decision so you should applied caution as the possibilities of loosing all your funds is very high if the stablecoin doesn't recover.

Some stablecoin (most especially USDT) experience down times when the value of the stablecoin decrease due to fud cause by manipulation or foul practices. You can gamble on the possibilities of it returning to it's stable form (which it usually does) and buy the stablecoins. It have happened on numerous occasions that the price of USDT falls below $1 and returns back to $1 or rises few cents above $1. To profit from stablecoins in this situation, you'll need large capital because it wasn't created as an investment vehicle instead as a store of value to minimize losses in bear market conditions.
hero member
Activity: 2268
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You own the pen
November 16, 2019, 05:46:45 AM
#4
Stable coins are just some coins to help you keep the original price of certain coins when its price has moon. Like for example XRP has increased its price suddenly let's say +1000% from yesterday, knowing that it will decrease soon, you will need to convert all of your XRP to some trusted stable coins. then when the price of the XRP fell to -900% by the next day, you already manage to convert it to stable coins which will make the price stable at +1000. remember not all stable coins are guaranteed for its price to be stable, some of them are decreasing too. like minus 1-10% from whatever backup currency it is.
sr. member
Activity: 504
Merit: 250
November 16, 2019, 05:32:24 AM
#3
The stablecoin issuers have obvious incentives.

Essentially, they are getting absolutely free credit. Better yet, they may even charge conversion fees in terms of deposit or withdrawal fees to convert fiat in and out of their coins. Usually, when a bank takes your funds, they have to reward you with interest. With stablecoin, it's essentially an interest free debt instrument for the issuer.

They can take your money and invest it in growth assets or even speculate on bitcoin price itself, even though it is a stablecoin and is supposed to be backed by USD fully. That's why I don't necessarily trust them, you don't know whether they're running a fractional reserve.
sr. member
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November 16, 2019, 05:24:55 AM
#2
The stablecoin makes money by selling their coin on the market and nobody is trading stablecoin directly because the majority of people are using stablecoin as a pair base to make a trade. Stablecoin can be considered as fiat in cryptocurrency, people are trading Bitcoin and altcoins paired with stablecoin to keep the value of their investment.
so people are not getting profit by trading stablecoin directly but instead, they are getting profit by trading Bitcoin and altcoins and then keep the value of their investment into stablecoin.
jr. member
Activity: 63
Merit: 3
November 16, 2019, 04:40:52 AM
#1
We all know that stable coin maintain their price all time.
My question is if they maintain their price 1$ all timr.
How they make money..
And how users or investors make profit by stablecoin.

Please express your own opinion about it..
Thanks in advance
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